Net Asset AnalysisNet Asset is current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assest is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
About Net AssetNet Asset is the value used in calulating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formullay that uses closing prices of all positions in the fund's portfolio.
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Based on recorded statements ProShares UltraShort SP500 has Net Asset of 773.63 M. This is 379.29% higher than that of the ProShares sector, and significantly higher than that of Size and Style industry, The Net Asset for all etfs is 12.95% higher than the company.
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds.